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20121205
20121213
Search Results 0 to 4 of about 5 (some duplicates have been removed)
democrats. "no signs of reaching a deal revealed." as part of this so-called fix -- fiscal cliff, what tax deductions would you give up? fort lauderdale, hello. caller: hello. good morning. i feel that i would be willing to give up some of my medicare benefits. i currently get free shoes and other benefits from medicare that i would be willing to give up. host: anything that you would be willing to give up on your taxes? items that you have in the past? caller: i would be willing to give up my charitable deductions. host: how come? caller: i feel that i give part of it to my charitable deductions. host: would you still make donations to charity if you could not write it off on your taxes? caller: yes, i would. host: thank you for your call. joe? caller: i would be willing to give up earned income credit and i liked what the last caller said about modifying the amount for charitable deductions. i think that sometimes the very rich use that to give to charities that actually benefit themselves. i also have a contingency, which would be to reform the bankruptcy act and remove those benefits f
taxes on the top earners are we definitively heading over the fiscal cliff? >> i don't think we'll have a deal. the president has made that very clear that the top earners ought to be paying more and we should be dealing with tax rates going up as opposed to just revising the tax code and looking at deductions. and so i think the president has been very firm. and he is getting a lot of backup from people who stood in long lines on election day to elect him. he's well aware of that. but i think that's where his heart is, too. this is not something new. this is something that he campaigned on. and he won on. if you look at the polling numbers, this is what the american people voted for. they said that the upper earners should be paying more. >> i'm curious, though, from the president's perspective, how important is a deal now whether it's just a deal or the deal that he wants in terms of his second term, his overall political power if you will? how does that play out? >> knowing the president as i do, i think it is very important to him that he gets a deal. but i also know that he believe
with business leaders again today to talk about the consequences of going over the fiscal cliff. he's also claiming to call on congressional leaders to make sure we raise the debt ceiling without contention. the white house making the case that extending the bush tax cuts for the middle class is directly connected to the health of our businesses. companies need to know consumers will be able to spend and in his first post-election interview president obama again rejected the house republican counteroffer that is on the table. >> unfortunately the speaker's proposal right now is still out of balance. we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> let's hope he sticks to it. >> g.o.p. leaders aren't only dealing with the president and congressional democrats they're dealing with a split within their own ranks. more conservative republicans don't want party leaders to compromise anymore than they think they already have. even though the republican plan offers u
'll discuss the implications of the fiscal cliff, and what happens if we don't get some work done by the house to pass the middle-income tax cut. we have to continue to focus on middle-income families, their lives, their struggles and what we can do to ensure they have more dollars in their pocket to continue economic growth. with that, mr. president, i will yield the floor. and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: mr. schumer: mr. president? the presiding officer: the senator from new york. mr. schumer: i ask unanimous consent the quorum call be repealed. the presiding officer: without objection. mr. schumer: thank you, mr. president. first i want to thank my great colleague from pennsylvania, i enjoyed sharing a table last night with him and his beautiful, charming, intelligent wife, who he's lucky he would be the first to admit he's lucky to have married, and their four great girls. but second, thank him for his excellent, as usual, on-target remarks. we have a great chairman of the j.e.c. and every time he comes to the floor, it sh
Search Results 0 to 4 of about 5 (some duplicates have been removed)